The unit of International Holding Company recently made an offer of more than $1 billion to buy a 51% stake in Konkola Copper Mines (KCM) from Indian billionaire Anil Agarwal-owned Vedanta, the sources said.
The mining investment arm of Abu Dhabi s most valuable company has offered to buy a majority stake in Vedanta Resources Zambian copper assets, two sources familiar with the matter told Reuters,.
International Resources Holding , a unit of Abu Dhabi s International Holding Company, said it intends to bid for a stake in Lubambe Copper Mine in Zambia..